cpc - presentation - july 2018 - aurex energy · 29746 mine dump copper canyon/3 15.60 1.76 0.05...

Corporate Overview July 2018

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FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that relate to the Company's current expectations and views of future events.

In some cases, these forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "aim", "estimate”, "intend", "plan", "seek", "believe", "potential", "continue", "is/are likely to" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The Company has based these forward-looking statements on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements include, among other things, statements relating to (i) the Company's strategy, growth, development and acquisition opportunities, return on existing assets, operational excellence and financial management; (ii) the Company's expectations regarding its revenue, expenses and operations; (iii) the Company's anticipated cash needs and its estimates regarding its capital and operating expenditures; (iv) capital requirements, needs for additional financing and the Company's ability to raise additional capital; (v) the Company's estimates of future cash flows, financial condition and operating performances of the Company and its subsidiaries; (vi) the estimation of any mineral resources and the realization of mineral reserves based on mineral resource, estimates and estimated future development, if any, and possible variations of ore grade or recovery rates; (vii) estimated results of planned exploration and development activities; (viii) the Company's competitive position and its expectations regarding competition from other companies globally; (ix) the Company's ability to maintain customer and supplier relationships; (x) anticipated trends and challenges in the Company's business and the markets in which it operates, including with respect to potential new mineral projects, supply outlook and growth opportunities; (xi) limitations of insurance coverage; (xii) the future price of and future demand for specific commodities and their derivative products; (xiii) economic and financial conditions; (xiv) interest rates and foreign exchange rates; (xv) performance of counterparties in fulfilling their obligations; (xvi) government regulation of mining operations, accidents, environmental risks, exploration risks, reclamation and rehabilitation expenses; (xvii) title disputes or claims; and (xviii) the timing and possible outcome of pending regulatory and permitting matters.

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate. These assumptions include continued political stability in countries where the Company operates, that permits required for the Company's operations will be obtained in a timely basis in order to permit the Company to proceed on schedule with its planned drilling programs, that skilled personnel and contractors will be available as the Company's operations continue to grow, that the prices of specific commodities will remain at levels that will render the Company's projects economic and that the Company will be able to continue raising the necessary capital to finance its operations. Forward-looking statements involve a variety of known and unknown risks, uncertainties and other factors, including those listed under the heading "Risk Factors" in the Management Discussion and Analysis regularly filed on SEDAR (www.sedar.com), which may cause the Company's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.

The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in the presentation. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, a future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

There can be no assurance that such forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, potential investors should not place undue reliance on forward-looking information.

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The Company

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•  Canadian Platinum Corp. (“CPC”, the “Company”) is a Canadian-based resource exploration and development company

•  Over $13.5 million spent on properties & exploration

•  Now under new management, CPC is focused on the acquisition and development of a diversified portfolio of resource properties including gold, copper, zinc, nickel, cobalt and platinum group elements

•  Corporate summary:

-Head Office: Saskatoon, Saskatchewan Canada -Common Shares Issued: 224,350,829 -Fully Diluted Common Shares: 274,034,162 -Insider Holdings: 20%/16% -52-week High/Low: $0.05/$0.005 -Current Price Range (Jun 29, 2018): $0.02-$0.03

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Management & Board

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Gary Billingsley, CPA, CA*, PEng, PGeo President, CEO and Director *non-practicing professional accountant

Karen Frisky, BComm, CPA, CGA CFO and Corporate Secretary John Pearson, MSc, PEng Geological Consultant

David Ludwar Director Douglas Billingsley, MBA Director James Engdahl Chairman and Director Gary Billingsley, CPA, CA*, PEng, PGeo President, CEO and Director

Management Board

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Cook Gold Project-Nevada

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•  70% ownership in project

•  88 lode claims covering 7.4 sq km in Humboldt County, Nevada

•  35 historic mine workings on the property

•  Extensive surface sampling in 2004 and 2011 established a 2.1 km X 0.6 km corridor of high-grade Au-Cu mineralization

•  2018 work confirms high-grade gold and copper mineralization in 4 major structures

•  May represent the northern extension of the prolific Battle Mountain-Eureka Gold Trend-within 50 km of former producing Sleeper Mine (1.7 million oz Au, 2.3 million oz Ag) going back into production with resources of 3.4 million oz Au, 30.8 million oz Ag

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Map showing the main Nevada gold trends and the location of CPC projects

Cook Gold Project cont’d…

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Assay1 map showing historic high grade samples (g/t) over a 2 km strike length Over 20% of historic sampling assayed >10g/t

1 These are historical assays and are not NI43-101-compliant and should not be relied upon. Sufficient work to classify the historical assays and estimates as current mineral resources as defined by NI 43-101, has not been carried out by a Qualified Person, and the company is not treating these historical assays and estimates as current mineral resources.


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Significant sample results1: 2004-top 10% of samples:

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Sample ID Sample Type Au (g/t) Au (opt)HG-2-91 Grab 38.89 1.136HG-2-34 Grab 36.49 1.066

HG-2-101 Grab 34.49 1.007HG-2-9 Grab 29.09 0.849HG-2-4 Grab 25.86 0.755

HG-2-83 Grab 22.30 0.651HG-2-49 Grab 21.18 0.619HG-2-84 Grab 19.99 0.584HG-2-24 Grab 19.61 0.573HG-2-21 Grab 19.31 0.564

Sample ID Sample Type

Au (g/t) Au (opt) Ag (g/t) Ag (opt)

XK-8 Grab 23.46 0.69 4.30 0.16XK-14 Grab 5.88 0.17 1.90 0.06

KXK-10 Grab 74.82 2.18 46.70 1.36KXK-22* Grab 1.95 0.06 114.30 3.34KXK-25 Grab 19.57 0.57 3.50 0.10KXK-26 Grab 18.17 0.53 2.60 0.08KXK-27 Grab 12.33 0.36 2.80 0.08

KXK-30** Grab 22.54 0.66 39.00 1.14

2011-significant results

*3.12% Cu **3.58% Cu


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2018 Exploration Results: •  High-grade gold mineralization confirmed historic assay results:

•  29% of samples assayed greater than 10g/t (0.3 opt) Au •  17% of samples assayed greater than 35g/t (1.0 opt) Au •  Highest grade gold assay: 90.9 g/t (2.65 opt) Au from an in situ chip

sample

•  High-grade copper mineralization was discovered: •  28% of samples assayed greater than 0.5% Cu •  17% of samples assayed greater than 2.0% Cu •  9% of samples assayed greater than 5.0% Cu •  Highest grade copper assay: 15.6% Cu from a mine dump sample

•  Four major mineralized structures were identified: •  Structure 1: strike length 2.1 km, high-grade gold •  Structure 2: strike length 1.75 km, high-grade gold •  Structure 3: strike length 1.95 km, mostly high-grade copper with

good gold assays in places •  Structure 4: strike length 1.80 km, high-grade gold


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2018 Significant sample results: Top 10% of samples ranked by gold assay:

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Sample ID Type Location/Structure # Au (g/t) Au (opt) Cu (%) 29739 In situ Dyke Canyon/1 90.90 2.65 0.24 29769 Mine dump McDonald Ridge/1 64.40 1.88 5.61 29758 In situ Solo Canyon/3 63.90 1.86 0.34 29752 In situ Copper Canyon/3 51.60 1.51 2.80 29735 In situ Dyke Canyon/3 50.10 1.46 0.59 29761 In situ Solo Canyon/3 44.90 1.31 0.55 29738 In situ Dyke Canyon/1 38.20 1.12 0.29

Sample ID Type Location/Structure # Cu (%) Au (g/t) Au (opt)29746 Mine dump Copper Canyon/3 15.60 1.76 0.0529710 In situ Dyke Canyon/3 11.20 5.98 0.1729745 Mine dump Copper Canyon/3 10.60 1.14 0.0329712 In situ Dyke Canyon/3 8.23 0.74 0.0229769 Mine dump McDonald Ridge/1 5.61 64.40 1.8829711 In situ Dyke Canyon/3 5.00 1.88 0.0529750 Mine dump Copper Canyon/3 3.48 2.45 0.07

Top 10% of samples ranked by copper assay:


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2018 Au Assays: 29%>10 g/t Au 17%>35 g/t Au Highest: 90.9 g/t Au


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2018 Cu Assays: 17%>2.0% Cu 9%>5.0% Cu Highest: 15.6% Cu


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Cook Project Geography


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Adits and shafts on Cook: 35 identified, mapped and sampled during 2018 spring work program


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Airborne Geophysics and Orthomosaic Mapping Using Drone


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Copper Mineralization


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Work to date by CPC •  In office:

•  Completed digitizing all historic data •  Setup GIS system •  Setup geological and modelling software

•  On site: •  Completed airborne magnetometer survey •  Completed airborne hyperspectral survey •  Completed initial surface sampling (over 30 mapped historical mine workings) •  Completed initial geological mapping and structural interpretations

Work Planned Summer 2018 •  Ground geophysics •  Ground geochemistry •  Additional structural mapping and interpretation •  Drill target selection •  Drilling

Whiskey Flat Cu-Zn-Ag-Co Project-Nevada

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•  Option to earn 50% interest in former-producer •  Main mineralization on patented claims •  Accessible underground workings •  Assays1 from underground muck samples over 11.9m

•  9.86 g/t Au •  92.9 g/t Ag •  1.63% Cu •  5.69% Zn including 3.7m •  245.55 g/t Ag •  7.70% Cu •  11.08% Zn

•  Recent surface sampling with assays up to 635.0 g/t Ag, 11.05% Cu and 3.62% Zn

•  Surface samples yield significant cobalt mineralization assaying up to 0.15% Co

•  Local 200tpd mill included in the option agreement

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1 These are historical assays and are not NI43-101-compliant and should not be relied upon. Sufficient work to classify the historical assays and estimates as current mineral resources as defined by NI 43-101, has not been carried out by a Qualified Person, and the company is not treating these historical assays and estimates as current mineral resources.

Whiskey Flat Project cont’d

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Whiskey Flat-location map and project boundary


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Massive sulfide intersection Quailey Mine-330 NW XC


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DPEM geophysics identified a target consistent with sulfide mineralization intersected in Quailey Mine

Whiskey Flat Project-Red Rock Mill

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•  Located 50km from Whiskey Flat property in Mina, NV •  200 tpd gravity-flotation circuit •  Included in the earn-in agreement

Craig Lake-Cu-Zn Flin Flon Project

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•  100% interest in 1 claims (subject to 3% NSR) covering 2,764 ha

•  Downhole geophysics (deep-penetrating PEM) identified

two large conductors: T1- 500m X 500m and T2- 800m X 800m

•  T2 Target is within 500m of former HBM&S producer

Westarm Mine •  Westarm average production grades: 3.82% Cu, 1.5%

Zn, 17.4g/t Ag, 1.37g/t Au •  Flow-through funds have been raised to drill

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Craig Lake-Flin Flon Project Geophysics

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Peter Lake Cu-Ni-Co-PGE Project

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Over $10 million spent on the property & exploration

100% interest in 7 claims covering 31,500 ha

The Swan River Complex has a strike length of 190km-the 2nd largest layered mafic/ultramafic complex in North America

Significant Cu-Ni-Co and PGE mineralization

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Peter Lake Cu-Ni-PGE Project cont..

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Swan Lake target-significant drill intercepts:

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Swan Lake Significant Drilling Intersections-Peter lake Project Hole # From

(m)To (m)

Width (m)

Au (g/t)

Pt (g/t)

Pd (g/t)

Au+Pt/Pd (g/t)

Ni (%)

Cu (%)

Co (%)

SW 03 116.5 173.3 56.8 0.075 0.081 0.131 0.287 0.081 0.258 0.010 179.9 180.9 1.0 0.083 0.028 1.345 1.456 2.090 2.385 0.205SW 08 160.0 231.6 71.6 0.154 0.236 0.313 0.703 0.182 0.519 0.020 Incl. 200.0 225.0 25.0 0.256 0.434 0.502 1.192 0.268 0.828 0.027 Incl. 205.0 210.0 5.0 0.551 1.212 0.953 2.716 0.463 0.882 0.040 and 208.2 208.8 0.6 2.230 8.000 2.380 12.610 0.158 0.389 0.017SW 19 210.1 235.7 25.6 0.160 0.089 0.192 0.441 0.098 0.680 0.011 Incl 220.1 225.1 5.0 0.287 0.150 0.352 0.789 0.210 1.403 0.021 Incl 222.1 222.8 0.7 0.431 0.675 0.487 1.593 0.568 1.258 0.047SW 38 146.9 168.6 21.7 0.166 0.176 0.206 0.548 0.133 0.556 0.017 Incl 156.9 161.9 5.0 0.226 0.207 0.282 0.775 0.263 1.524 0.028 Incl 158.5 159.5 1.0 0.760 0.025 0.220 1.005 0.690 5.550 0.080

Peter Lake Cu-Ni-PGE Project cont...

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Roscoe Postle Associates Inc. views the Swan River and Porter Bay Complexes as prospective for low-sulphur, PGE-rich, magmatic breccia type Cu-Ni-PGE deposits similar to Lac des Iles in Canada and the Platreef Bushveld Complex in South Africa Roscoe Postle Associates Inc. Technical Report 1811, NI 43-101, July 12, 2012 assigned a 3 million tonne conceptual resource with the following upper grade limits: 0.7% Cu, 0.4% Ni, and 0.9 g/t 2PGE+Au Independent resource estimate (Hogan-2013, non-43-101-compliant) on Swan Lake target indicated 15.2 million tonnes grading 0.27% Cu, 0.08% Ni, 0.01% Co, and 0.3 g/t 2PGE+Au

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Exploration and Corporate Goals 2018

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•  Cook Gold Project: complete ground geophysics and geochem surveys, structural mapping, generate drill targets and commence initial drilling

•  Whiskey Flats Cu-Zn-Ag-Co Project: Baseline GIS and imagery studies are in progress to be followed by ground followup on previously identified large DPEM anomaly, geochem surveys, geological mapping, surface and underground sampling, drill target selection and drilling

•  Drill Craig Lake project

•  Find partner for Peter Lake project

•  Raise additional capital as required for continued exploration and development

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Thank you

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cpc - presentation - july 2018 - aurex energy · 29746 mine dump copper canyon/3 15.60 1.76 0.05...

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